Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 14 September 2020 12:27 PM
The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows.
The Record High Index equals new highs divided by new highs plus new lows. The High-Low Index is simply a 10-day SMA of the Record High Percent, which makes it a smoothed version of the Record High Percent.
Returns the handles of a technical indicator, in case of failure returns an empty string.